Published last April 27th issue
The Biofuel Bubble - BusinessWeek:
"A horde of startups have smart ideas. But the challenges are many, and the winners likely will be Shell, BP, DuPont, and other majors"
Last month, Exxon Mobil struck a deal with Craig Venter to invest up to $600 Million in his research in genetically modified algae - a sensible move as algae will be engineered to secrete lipids, not sugars, therefore more easily used by existing infrastructure - refineries and transportation.
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